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The OK Free Trade Zone is a collaborative venture of Ogun and Ondo States in Southwest Nigeria. It is conceptualized in line with the shared vision of the States to expand the economic base of the two States through the promotion of rapid industrialization and facilitation of commerce in the sub-region
OK Free Trade Zone, a 20,000 hectares industrial enclave, is designed to facilitate the establishment of export-oriented industries through the administration of Special Regulatory and Fiscal Incentives which permit freedom of operation at global competitive levels. It is proposed to integrate a Multi-Purpose Deep Sea Port Complex and Free Trade Zone.
The focus of the project includes among others, to promote International Trade, Transit Trade, Bonded Storage and Export processing as well as other ancillary businesses including Banking, Offshore Finance, Insurance, Futures Market, Commodity Exchange, Wharf Management, Haulage, Forex Operations, IT and other related businesses. |
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